12-02-2021 09:51 AM | Source: GEPL Capital
NIFTY manages to close above 100 Day SMA (17139) - GEPL Capital
News By Tags | #57 #879

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Key Highlights

NIFTY manages to close above 100 Day SMA (17139)

NIFTY SPOT: 17166.90 (1.08%)

DYNAMIC PARAMETER: NIFTY formed a DOJI candle pattern.

TRADING ZONE: Resistance: 17245 (Intraday Resistance) / 17355 (Gap Resistance)

Support: 17139 (100 Day SMA) / 17000 (Key Support)

BROADER MARKET: UNDERPERFORMED, MIDCAP 29995 (1.03%), SMALLCAP 10673 (0.12)

Advance-Decline: 1200 / 792

VIEW: Bearish till below 17600 (Swing High).

 

BANKNIFTY SPOT: 36364.90 (-1.88%)

DYNAMIC PARAMETER: Index closed just below 200 Day SMA .

TRADING ZONE:

Resistance: 36774 (3 Day High) / 37190 (20 Week SMA)

Support: 36000 (Key Support) / 35709 (200 Day SMA)

VIEW: Bearish till below 37190 (20 Week SMA).

 

Technical Snapshot

 


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